Cheap 2016 Volvo V60 Insurance Rates

Want cheaper insurance rates for your Volvo V60? If you are new to online insurance, chances are good that you are overwhelmed thanks to the incredible selection of companies that all promise the best rates.

If you currently have a car insurance policy, you will be able to save some money using these techniques. Pricing the lowest cost insurance coverage is not that difficult. Nevertheless, car owners must know how big insurance companies market on the web and apply this information to your search.

Buy lower-cost insurance with these tips

Lots of things are considered when pricing auto insurance. Some are obvious like an MVR report, although others are less apparent such as whether you are married or your financial responsibility.Part of the insurance buying process is learning some of the things that come into play when calculating the level of your policy premiums. When you know what positively or negatively positively or negatively impacts your premiums, this helps enable you to make changes that may reward you with cheaper rates.

The items below are most of the major factors used by your company to calculate your rate level.

  • Demanding job may mean higher premiums – Careers like lawyers, architects and dentists tend to pay the highest rates in part from stressful work requirements and lots of time spent away from family. On the flip side, careers such as scientists, engineers and retirees have lower than average premiums for V60 insurance.
  • Single drivers take more risk – Walking down the aisle may earn you lower rates on your policy. It generally demonstrates drivers are more mature and statistics show married drivers get in fewer accidents.
  • Teenagers are high risk – Drivers with little experience have a tendency to be inattentive with other occupants in the car so insurance rates are higher. Adding a young driver to your insurance policy will cause a huge premium hike. Older insureds have been proven to be more responsible, cause fewer claims and accidents and are safer drivers.
  • Vehicle features that cut prices – Driving a car with a theft deterrent system can earn a premium discount. Advanced theft deterrents such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all hinder vehicle theft.
  • Extra coverages are wasting money – There are quite a few additional coverages that can waste your money if you aren’t diligent. Add-on coverages like personal injury protection, towing coverage, and extra equipment coverage are probably not needed. They may sound like good ideas initially, but if they’re wasting money consider taking them off your policy.

How to get insurance price quotes

To find the best insurance rates, there are several ways of comparing rates from insurance companies in your area. The easiest way to find competitive 2016 Volvo V60 insurance rates is to get quotes online. It is quite easy and can be accomplished by using one of the methods below.

  1. The most efficient way consumers can analyze rates would be an industry-wide quote request form (click to open form in new window). This type of form prevents you from having to do a different quote for every prospective company. A single form gets coverage cost estimates instantly. Just one form and you’re done.
  2. A harder way to find better pricing requires a visit to the website for every company you want to comare and go through the quote process again. For example, let’s assume you want to compare rates from Allstate, State Farm and Travelers. In order to get each rate, you would have to spend time going to each site individually and repeatedly type in your coverage information, which is why first method is reommended. For a list of companies in your area, click here.
  3. The final method of comparing rate quotes is to spend your day driving to different agent offices. Doing it all online makes this process obsolete unless you’re the type of person who wants the professional guidance that you can only get from talking to an agent. However, consumers can find lower rates online but buy from a local insurance agent.

The method you choose is up to you, but make sure you use apples-to-apples coverages on every price quote you get. If the quotes have unequal deductibles or liability limits it will be nearly impossible to make an equal comparison. Having just a slight variation in coverages could skew the results. It’s important to know that comparing more company’s prices will improve the odds of getting more affordable insurance. Some smaller insurers to not give price estimates online, so you need to compare quotes from the smaller companies as well.

Switch companies and save? Really?

Respected companies like State Farm, Allstate and GEICO continually stream ads on television and other media. They all advertise claims of big savings just by moving to their company. How does every auto insurance company charge lower premium rates? Just pay attention to how they say it.

Companies have strict underwriting profiles for the type of driver that will generate a profit. One example of this type of insured could possibly be between the ages of 40 and 55, has no prior claims, and drives a lower-performance vehicle. Any person who meets those qualifications will get a cheap rate quote and therefore will save if they switch.

Consumers who fall outside those standards may receive a higher rate and this results in the prospect going elsewhere. If you listen to the ad wording, they say “drivers that switch” not “everyone that quotes” save that much. That is how insurance companies can lure you into getting a quote.

Because of the profiling, you need to quote coverage with many companies. It is impossible to predict which auto insurance company will have better prices than you’re paying now.

More affordable rates with these insurance coverage discounts

Companies offering auto insurance don’t necessarily list their entire list of discounts in a way that’s easy to find, so the list below gives a summary of both the well known as well as the least known discounts that you may qualify for.

  • Active Service Discounts – Being on active deployment in the military could mean lower premium rates.
  • No Accidents – Drivers who don’t have accidents can earn big discounts when compared to insureds who have frequent claims or accidents.
  • Safety Course Discount – Participating in a course teaching defensive driving skills is a good idea and can lower rates if your company offers it.
  • One Accident Forgiven – Not a discount per se, but some companies like Progressive, Allstate, and GEICO allow you one accident before hitting you with a surcharge so long as you are claim-free before the accident.
  • Pay Early and Save – By paying your entire bill at once instead of making monthly payments you could save 5% or more.
  • Driving Data Discount – Policyholders that allow companies to study driving manner by using a telematics device like In-Drive from State Farm and Progressive’s Snapshot could see a rate decrease if they have good driving habits.
  • Drivers Education – It’s a good idea to have your young drivers enroll and complete driver’s education as it will make them better drivers and lower rates.
  • College Student – Older children who live away from home at college and won’t have access to an insured vehicle could qualify for this discount.

One thing to note about discounts is that most discount credits are not given to all coverage premiums. Most only reduce the price of certain insurance coverages like liability and collision coverage. Even though the math looks like all the discounts add up to a free policy, it’s just not the way it works. Any qualifying discounts should definitely cut the cost of coverage.

If you would like to choose from a list of insurers that offer discounts, click this link.

Car insurance can get complicated

When it comes to choosing the right insurance coverage, there isn’t really a “best” method to buy coverage. Each situation is unique.

Here are some questions about coverages that might point out whether or not you could use an agent’s help.

  • What is covered by UM/UIM coverage?
  • Does liability extend to a camper or trailer?
  • Can I drive in Mexico and have coverage?
  • Am I covered if I crash into my own garage door?
  • Is other people’s property covered if stolen from my vehicle?
  • What is UM/UIM insurance?
  • Do I need to file an SR-22 for a DUI in my state?
  • Who is covered by my policy?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Why is insurance for a teen driver so high?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, complete this form.

Specific coverage details

Knowing the specifics of your insurance policy can help you determine the best coverages and proper limits and deductibles. Insurance terms can be confusing and nobody wants to actually read their policy.

Comprehensive coverages

This coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, rock chips in glass and theft. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Volvo V60.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Frequently these limits are set the same as your liablity limits.

Collision coverage protection

This will pay to fix damage to your V60 resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like hitting a mailbox, damaging your car on a curb and backing into a parked car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Coverage for liability

Liability insurance can cover damage or injury you incur to a person or their property. It protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 100/300/100 which stand for a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.

Liability coverage pays for claims such as emergency aid, bail bonds, pain and suffering and funeral expenses. How much liability should you purchase? That is up to you, but buy as high a limit as you can afford.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for bills like chiropractic care, surgery, hospital visits, rehabilitation expenses and nursing services. The coverages can be utilized in addition to your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Make a quick buck

Drivers change insurance companies for a variety of reasons including denial of a claim, policy non-renewal, being labeled a high risk driver and even high rates after DUI convictions. Regardless of your reason, finding a new company is pretty simple and you could end up saving a buck or two.

Lower-priced 2016 Volvo V60 insurance is available online and from local insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some insurance coverage companies don’t offer online rate quotes and usually these regional carriers work with independent agents.

Throughout this article, we presented a lot of tips how to compare 2016 Volvo V60 insurance prices online. The key concept to understand is the more rate comparisons you have, the better likelihood of getting affordable auto insurance. Consumers could even find that the best prices are with a company that doesn’t do a lot of advertising.

More learning opportunities

Comments About 2016 Volvo V60 Insurance

  1. Roxanna Cooke

    Hope my car insurance gets cheaper. I’m just west of Aurora, IL. I compared lots of rates. Saved about $30 a month. Progressive was the cheapest option for me.

  2. Charlotte Pate

    It all costs too much. I’m in the east part of Norfolk, VA. Received quotes from American Family, Nationwide, and some smaller one I can’t remember the name of for my 2016 Volvo V60 and saved just over $190 a year. Moved home policy as well. Not sure if rates are cheaper online or not.

  3. Carolina Trujillo

    Here’s my info. Live in Hartford, CT. Not sure of all the companies but I ended up saving about $40 each month. Insured with Auto-Owners before. I quoted rates online then called them.

  4. Loria Baird

    If you’re a decent driver and live in the vicinity of Warwick, Rhode Island, check out 21st Century. They seem to be cheaper.

  5. Margert Orr

    Just my two cents. Live in the southern part of Biloxi, MS. I quoted with Travelers, Auto-Owners, Hartford, and Mercury for my 2016 Volvo V60 and saved about $490 a year. I’m a pretty good driver though. Not sure about claim service.

  6. Kourtney Blackwell

    Any companies in Birmingham, AL that will insure a DUI?

  7. Vivian Ferguson

    How are claims handled by State Farm around Augusta, GA?

  8. Geoffrey Wilkinson

    Got pretty cheap 2016 Volvo V60 insurance from 21st Century in Chicago, IL.

  9. Kirsten Kline

    Allstate is cheapest in Vermont! :)

  10. Hettie George

    Live in North Charleston, SC. I quoted with Liberty Mutual, AIG Insurance, Mercury, and a couple others for my 2016 Volvo V60 and I think I saved around $50 each month.

  11. Matilda Mercado

    In Concord, New Hampshire, Amica had the best rates for my 2016 Volvo V60. Left Erie to switch. Even increased coverage a bit.

  12. Charlsie Pruitt

    I think I’m paying too much. From Nampa, ID. Compared quite a few companies. Saved right around $20 a month. Allstate was the most affordable for me.

  13. Mickie Johns

    Affordable car insurance is a myth. From north side of Idaho Falls, ID. Quoted quotes from American Family, Nationwide, and some smaller one I can’t remember the name of for my 2016 Volvo V60 and saved $579 a year. Online quotes are the way to go.

  14. Trina Jones

    Does Progressive do SR22s in Louisiana?

  15. Betsy Schultz

    Not sure if this is cheap. I live in a small town just outside of Detroit, Michigan. Compared quite a few companies. Saved darn near $60 a month. 21st Century was the best choice for me. Left State Farm to switch. Got better coverage too.

  16. Joane Parks

    Will 21st Century do a SR22 in Las Cruces, NM?

  17. Royal Lott

    I’m in the north part of Tampa, FL. I quoted with State Farm, Farmers, and Hanover for my V60 and am saving around $360 a year. Left Eastwood to switch. Just go online and compare their rates.